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Last 0.42 MYR
Change Today +0.005 / 1.20%
Volume 219.5K
As of 4:58 AM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

syf resources bhd (SYF) Snapshot

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52 Week High
06/17/14 - 0.66
52 Week Low
05/5/14 - 0.35
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syf resources bhd (SYF) Details

SYF Resources Berhad, an investment holding company, manufactures and trades in rubberwood furniture and component parts in Malaysia, the Asia Pacific and other Asian countries, Europe, North America, and internationally. It operates through Rubberwood Furniture, Particle Board, Property Development, and Others segments. The company also manufactures and exports furniture products and moulded timbers. In addition, it is involved in timber treatment processing, as well as property development activities. The company is based in Semenyih, Malaysia.

syf resources bhd (SYF) Top Compensated Officers

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syf resources bhd (SYF) Key Developments

SYF Resources Bhd Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended January 31, 2015

SYF Resources Bhd reported unaudited consolidated earnings results for the second quarter and six months ended January 31, 2015. For the quarter, the company has posted revenue of MYR 62,497,000 against MYR 76,392,000 a year ago. Profit from operations was MYR 4,400,000 against MYR 6,257,000 a year ago. PBT was MYR 3,207,000 against MYR 5,445,000 a year ago. Profit for the period was MYR 3,202,000 against MYR 4,405,000 a year ago. Profit attributable to equity holders of the company was MYR 3,202,000 or 0.81 sen diluted per share against MYR 4,405,000 or 1.60 sen diluted per share a year ago. For the six months, the company has posted revenue of MYR 122,535,000 against MYR 138,486,000 a year ago. Profit from operations was MYR 10,822,000 against MYR 11,898,000 a year ago. PBT was MYR 8,735,000 against MYR 10,282,000 a year ago. Profit for the period was MYR 8,355,000 against MYR 9,040,000 a year ago. Profit attributable to equity holders of the company was MYR 8,355,000 or 1.73 sen diluted per share against MYR 9,040,000 or 3.29 sen diluted per share a year ago. Net cash used in operating activities was MYR 21,464,000 against MYR 1,909,000 a year ago. Purchase of property, plant and equipment was MYR 16,431,000 against MYR 3,018,000 a year ago.

Sky Run Acquisition Corporation Mulls Acquisition

SYF Resources Bhd (KLSE:SYF) is seeking acquisition. Datuk Seri Chee Hong Leong, Executive Director of SYF Resources, told Edge Financial, “SYF is still actively looking out for merger and acquisition (M&A) opportunities in both upstream and downstream operations. However, a potential company would need to be a good complement to SYF's existing operations and come at the "right" price.”

SYF Resources Bhd Proposes Amendments to its Memorandum of Association

SYF Resources Bhd proposed the amendments to the company's Memorandum of Association.


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